Cointelegraph has pushed back against claims that it is looking for a buyer amid a broader period of falling web traffic and challenging conditions across the cryptocurrency market. While a source close to the situation asserted that the digital asset news outlet had looked into a possible sale, Cointelegraph publicly denied the rumor and maintained that it is not on the market. This development coincides with fresh downward pressure impacting major assets such as Bitcoin, Ethereum, and XRP.
The anonymous source, speaking on condition of anonymity due to the confidentiality of the talks, did not mention an expected valuation or sale price. Cointelegraph did not immediately reply to inquiries for comment before later publishing its denial via X.
Cointelegraph Rejects Sale Claims After Traffic Collapse
Established in 2013, Cointelegraph has grown a following through its cryptocurrency coverage and unique cartoon graphics. LinkedIn data indicates that the organization has a workforce of over 200 individuals.
Nevertheless, the platform has experienced a significant drop in web traffic. Metrics from Similarweb show that monthly readership surpassed 12 million visitors in December 2024, but dropped to a little over 700,000 by September 1.
This drop followed a series of obstacles. Google issued a manual penalty in October 2025 that reportedly slashed Cointelegraph’s organic traffic by roughly 80% and hindered its search engine visibility.
Prior to that, a front-end security vulnerability impacted the company’s website in June 2025. Coupled with extended phases of depressed digital asset valuations, public engagement with crypto news has waned, weighing on various media outlets in the sector.
Even with these hurdles, Cointelegraph refuted assertions that a sale is underway. Previously, the outlet’s Middle East and North Africa franchise changed hands in July 2022 following an acquisition by Luna Media Corporation.
Crypto Market Falls as Bitcoin Drops Below USD 84,000
These reports surfaced during another rough trading day for the digital asset sector. On October 7, the wider crypto market dropped 3% over the course of a day, bringing total market capitalization down to USD 2.85 trillion.
Bitcoin led the retreat after failing to hold support close to USD 85,000. It briefly dipped under USD 84,000 to touch USD 83,716 after shedding more than USD 2,200 in a two-hour window. At the same time, Ethereum fell in excess of 3.88% to trade beneath USD 2,620, while XRP extended its losses to drop under USD 1.50 amid fading buyer enthusiasm.
The market retreat came on the heels of two consecutive negative sessions for Bitcoin. Earlier efforts to push past resistance near USD 87,000 had fallen short, leaving valuations exposed to further selling.
Could another sustained crypto market decline place additional pressure on digital asset news publishers?
Rising Oil Prices and Liquidations Deepen Market Pressure
Aside from cryptocurrencies, macroeconomic trends added pressure to risk-sensitive investments. Brent crude moved past USD 101 per barrel as security worries mounted regarding energy shipping channels in the Middle East.
Higher petroleum costs stoked inflation anxieties as market participants evaluated potential disruptions to regional transit and energy supply chains. Consequently, focus shifted toward central bank monetary policy and borrowing expenses.
United States Treasury yields also ticked higher ahead of the release of the Federal Reserve’s September meeting minutes. The 10-year yield rose to 5.307%, and the 30-year yield neared 5.69%. Concurrently, a stronger greenback amplified headwinds for cryptocurrencies. Market participants priced in a 20.5% chance of an October interest rate hike, with inflation remaining a primary concern.
The selloff additionally sparked more than USD 403 million in leveraged long liquidations inside a single hour, with positions in Bitcoin and Ethereum making up a major share of the forced liquidations.
Despite these market losses, spot Bitcoin exchange-traded funds pulled in USD 119 million in net inflows on October 6. BlackRock’s IBIT contributed USD 122 million, which helped offset outflows from rival products.
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Final Thoughts
Cointelegraph has dismissed rumors of a potential sale despite sharp drops in web traffic and past technical hurdles. Meanwhile, the broader crypto ecosystem deals with falling asset prices, climbing Treasury yields, and widespread liquidations. Even with the market pullback, inflows into Bitcoin ETFs demonstrate that certain pockets of institutional interest remain intact.
